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Managing Ameriprise Financial Accounts

Tuesday, January 20, 2009
Related Tags: ameriprise | advisor | plan | relationship | accounts
 

Instructions

  • Step 1:
    Decide on what kind of relationship you want to have with Ameriprise, whether you want to get financial advice or just a hands-off relationship where you only use one or more of the services the company provides.
  • Step 2:
    Decide on what your goals are lay out a possible plan to discuss with an advisor when you meet one. This is particularly advised if you are interested in financial advising and help with your overall financial plan.
  • Step 3:
    Make an appointment to meet with an advisor. At the first meeting, the advisor will have a discussion with you about your dreams and goals. It is also an opportunity for both of you to get to know each other and decide if you want to work together. If you decide to go on with the relationship, the advisor will ask you for all your financial information such as income, taxes and retirement accounts. This information will help her in crafting a financial plan that she will present to you at a later time.
  • Step 4:
    Open the appropriate accounts. Once your financial advisor presents you with a plan that is agreeable to you, then you have to start working to implement the plan.
    If your relationship with Ameriprise is of a hands-off nature, research the types of services they have, decide which one you want and open the appropriate account. Most of this can be done online (see Resources below).
  • Step 5:
    Set aside a specific time for checking in on your account(s). Whether you have a simple savings account or a self-directed retirement account, set aside time to check in regularly to keep an eye on what is going on. If you are working with an advisor, agree on a regular check-in time. Your advisor will make sure you are implementing your plan, and you should inform her of any changes in your life that may affect the plan.

Resources


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